ALX Token Allocation
Token allocation is a mechanism for distributing tokens so that a wide supply is available once the Algebraix Network begins to operate and a flow of advertisements can be established. At genesis, 100 billion ALX tokens will be created. No further coins will be created and there will be no mechanism
for their creation.
The ALX tokens will be distributed as illustrated in the above diagram. The allocations will be as
follows:
• 25% are available for the SAFT (Simple Agreement for Future Tokens) token pre-sale.
• 15% make up the Company Account to be allocated to Algebraix staff and also, advisors, agents and suppliers.
• The remaining 60% form a company contingency reserve, some of which will be used to promote
Algebraix network growth.
Well, there is a lot to learn about this amazing project.
For more detailed information, please check their announcement thread -
https://bitcointalk.org/index.php?topic=3123790or their website -
https://algebraix.io
